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Ujjivan Financial Services Ltd Q2FY24; 2% fall in Profits

Ujjivan Financial Services was registered with Reserve Bank of India (” the RBI”) as NBFC-MFI under Non-Banking Financial Company Micro Finance Institutions (NBFC-MFIs) directions on September 05, 2013. The Company received approval from the RBI to set up a Small Finance Bank.

Financial Results:

Ujjivan Financial Services Ltd reported Revenues for Q2FY24 of ₹1,496.00 Crores up from ₹1,040.00 Crore year on year, a rise of 43.85%.

Total Expenses for Q2FY24 of ₹1,144.00 Crores up from ₹662.00 Crores year on year, a rise of 72.81%.

Consolidated Net Profit of ₹309.00 Crores down 1.9% from ₹315.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹18.55, down 12.17% from ₹21.12 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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